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and entertainment correspondent and paul lee, a partner at light bank. paul has led the firm's investments investments. paul, go ahead. what are your initial reactions to this concept? >> huge opportunity. obviously i agree with the entrepreneur in terms of neighborhoods being a fundamentally different social network. the question really comes down to scaleability. like how are you going to knock down neighborhood by neighborhood. and the penetration there while difficult would create significant barriers to entry for the competition. i think it's really interesting. >> local and hyperlocal seems to be a trend in this world that we're looking at julia. your reaction? >> i think the interesting thing here is going to be how they really distinguish themselves from the other tools. you could create something similar to this with google circles. you could create a private group within facebook. the question is how they will get people to sign up for a whole new social network and i wonder if there's an opportunity to layer them on top of facebook. >> i wonder where the revenue stream is going
netflix. and paul meeks who covers apple. gentlemen, good morning. welcome to both of you. tell us a little bit about netflix. where do you think it is heading? >> it's $10.5 billion enterprise company. three businesses. domestic streaming business, which only makes 100 million per year. the old buy mail dvd business which makes $5 million. and the international streaming business which loses 5 million. the old cash cow is running out steam. they're trying to switch over to the new screaming business. life could get tougher as some of the big companies get in the market through tv everywhere. at the current price, 190 we think the valuation is stretched. not a huge margin of safety especially with the increasing competition. >> you think it's 160. >> about 160. so below the 190 it's trading at now. >> did you see house of cards? >> i loved house of cards. >> is that helping them get business or no? >> originally their competitive advantage was they could better serve. they could personalize. that advantage is going to go away. they offer more on demand. hbo go is popular. they need
the paul ryan thing with the big asterisk and say -- >> what do you think? >> that's exactly the way you have to approach this. we do need -- first off, this issue is about 5, 10, 15 years from now, stablelizing the debt at less than 15% gdp and the essence getting entitlements under control in the out years. as part of that, you have to have tax reform and significant tax reform. and actually, simpson/bowles, a commission i served on, laid out a way to do it, got the tax rates down on the personal side to 9, 15 and 23% and the corporate to 26%. and you need to bring the corporate rate down to 24, 25, 26% and need to go to a territorial system. but you can't do that independent of the individual system, because if you have a huge gap between the top individual rate, say today it's at 42.5%, and if you took the corporate 25%, everybody started -- >> because then you have small business. small business got screwed at the expense of big businesses in the last tax bill. so you're right. so i -- look, i say, you're going to have big problems if you try to have a big personal and corporate tog
to geico? jimmy: happier than paul revere with a cell phone. ronny: why not? anncr: get happy. get geico. fifteen minutes could save you fifteen percent or more. . >>> being be dubbed vote-a-rama senate working through 400 amendments. democrats can only afford five defections in the upcoming votes on their new tax and spend budget proposal which is expected i guess late tonight or early tomorrow morning. joining us now two distinguished senators, a demonstrate from new hampshire and bob corker, republican from tennessee. senator sheen, let me begin with you. what do i see here? you took out the sequester. that's out of this new budget and put in another trillion dollar tax hike which my friend jech sessions says it's really lie 1.5 trillion. i don't see this as a gat vote or any good for the economy either. >> well, i think you're wrong. the fact is taking out the sequester is one of the best things that the budget does. in new hampshire we're already seeing the impacts of that sequester. our second largest city will have the tower closed because of the sequester. it's one of the busiest
is a return to the big ten. but just let me ask you, is it clear now, it sounds like it, rand paul gave a speech. is the gop committed to an immigration reform bill that will have big influence on how the party thinks? >> well, larry, i'm not part of the group that is working this out, but it's a very important issue that we have been talking about of wanting to make sure that, hey, our immigration system is broken. it needs reform, and we are a country of immigrants and opportunities. so, i think there's a real opportunity for the gop to lead this effort in a way that also makes sure that we don't have another wave of illegal immigrants and we can with do both. >> and last one, i want to get to this, will the republican party allow more socially liberal people in the northeast particularly, just to be part of the republican party without finger pointing or insinuations or beating the heck out of them in primary debates, can that happen? the gop got hurt badly on the issues last time-out. >> every state, we need to get the best candidate in each state that can win elections and i think
't anybody in the gop that has that message. >> i would argue there's a spark of jack kemp in paul ryan, in marco rubio, in bobby jindal. jack kemp lives in the hearts of progressive republicans. >> larry sabato, last word. >> the republicans need jack kemps of all genders. >> we all need more time. we'll do another jack kemp segment. that's it for tonight's show. thanks for watching. boy do i miss jack kemp.
vegetables, mrs. paul's seafood, lender's bagels, celeste pizza, as well as hungry man frozen meals which i thought looked like a delicious heart attack in a box. and pinnacle has a grocery business. you know them as duncan hines, cookie and cake miss, mrs. butterworth, log cabin, comstock pie filling. as we know from hines from its all-time high last month, iconic brands are the landmark. blackstone is ringing the register on its investment taking the company public. recent history suggests these deals are performing extremely well. case in point, since the beginning of 2013, we've seen 30 ipos, 13 backed by a financial sponsor. the average ipo this year spiked 15% on the first day of trading. these 13 financial spots ordeals were up an average of 22% on the first day of trading. these private equity firms look like they want to make money on the first traunch they sell. i'm not recommending you get into pinnacle on the first day. i like the fundamentals of the underlying company. pinnacle has given you 128% return with reinvested dividends. i wish b&g would explain the last quarter. pinna
don't really know the answer to that question. i think that my predecessor, paul volcker's claim, that the only contribution to the financial industry is the automatic teller machine, might be a little exaggerated. i know that some people have that view. but, again, i don't know the answer. i think a somewhat bigger financial sector can be justified by the wider range of services and the more globalized financial and economic system that we have, but the exact number, i can't really say. >> hi, i'm jeremy. i have a follow-up question on cyprus. as a central banker, do you think it was either appropriate or fair to impose a levy on every bank deposit in cyprus, even those insured by the european union itself? thank you. >> well, i've not been involved in those conversations and i don't necessarily know of the details. so i know they're grappling with a very difficult problem. i think the issue they face is, that there's a pretty big hole, a financial hole in the sense that there is a fiscal issue and there's also a bank restructuring, recapitalization issue. so, they're looking fo
. they didn't. then markets rebelled and interest rates went up and up and up, and then came paul volcker, with the most draconian policy to put things right, with terrific attention to human suffering. it seems to me something like that will happen now. markets are enthralled to these central bankers. it's astonishing after so many years of demonstrated human error on the part of these mandarins, people still seemingly trust them. but they do, for now. they won't always. >> well, we'll be watching that. you hope it doesn't end as badly, but certainly, we've got history on that side. jim, good to have you on the program. >> thank you, maria. >> thank you for your brackets and your analogy to march madness. >>> up next, nike is named after the greek goddess of victory. do they have victorious earnings? >> the top line came in a little bit light at 6.19 billion. the estimate has been for over 6.2 billion, about 6.23. part of the reason they did see their revenues up 9% in every geographic area except for greater china and japan. they said every category except sportswear and action sports.
sachs' paul o'neill summed it up on "squawk" this morning. >> i got off a plane from singapore saturday morning and i thought my jet lag was up but i was misleading the story. this has all sorts of possible consequences. the consequences of this are not going to put the genie back in the bottle even by erratic thund i of the past years. h is a biggie. >> it is a biggie because it calls into question the sanctity of bank deposits not just in cyprus but all across the eurozone. this is a line outside an atm in cyprus. the banks there closed until thursday. people rushing to pull out as many euro as they could. usually 400 per day. but many of those atms out of cash. this story also includes the russian mob, folks. more on that in a minute. but first, i've been talking long enough. here's sue. >> i was just checking the market. actually things are holding up pretty well. the white house says it is monitoring the cyprus situation closely despite those fierce, u.s. markets are indeed holding up. only down 14 points. the dow was done triple digits when trading began in the morning. quite a co
paul, steve paul. >> one of the biggest gainers of the nasdaq on any size and they're buying back from takeda pharmaceuticals. this is a slow-bowel recovery drug. >> wouldn't you love to have them on your show? >> good for you. >> i blocked your show. >> it's getting tight. >> yeah. we are silently competitive. >> if i was in the new lulu lemon yoga pants i would be sweating through them now. it's getting hot in here. >> i wouldn't stink. >> the market demands transparency and they're getting it from lulu lemon. >> big time. big time. >> how long were you practicing that line? >> no, i just made it up right now. >> you want to go sexist? will mandy be on lulu tonight? >> why isn't sexist? >> it could be a man or woman, anybody! >> you trash a lot of icons and idols on the show. you're not afraid! >> no, i'm not. because i'm a foot taller than anybody else on the networks. >> he would step on me. >> you're a nose tackle and at 3-4, you're going to be incredible. >> cardinal health down 6% declining on the back of abc amerisourcebergen and walgreens signing a ten-year deal so essentially
of this in the west too. john paul was worried about the mindfulness of the stone and we need to get perspective. general mills and google and others that are more cutting edge in technology and style. ceos of goings, tupperware. sheryl sandberg was a yoga instructor. >> jeff, jeff. hold on. all those people that you're mentioning, and this is a problem i'm curious too. i talked earlier about the culture of an solution. when you're ceo, you manage your own time. if you need 20 minutes to meditate you can probably organize around it. if you're a young analyst on wall street, for example, or engineer that has a problem that's due tomorrow at 1:00 p.m. it's not so clear you can died, okay, i have to go take my nap now. i have to meditate. then i have to go to the gym. and i can tell my boss it's just fine. >> andrew, that's a really important issue. he named the the champions. and he was a champion. brought it in the exxon mobil. brought it in to goldman sachs and places where you're involved is hard if it doesn't take root in the culture. in yale, we have annan throw policy that teaches yoga. we h
Search Results 0 to 11 of about 12

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